US ethanol production reaches record 16.17 billion gallon rate

In Washington, according to EIA data as analyzed by the Renewable Fuels Association, US ethanol production averaged 1.055 million barrels per day—or 44.31 million gallons daily. That is down 6,000 b/d from last week’s all-time high. The four-week average for ethanol production stood at 1.055 million b/d for an annualized rate of 16.17 billion gallons, besting last week’s record of 16.16 billion gallons. Stocks of ethanol stood at 22.1 million barrels. That is a 1.0% increase from last week.

Gasoline demand for the week averaged 375.5 million gallons (8.941 million barrels) daily. Refiner/blender input of ethanol averaged 875,000 b/d. Expressed as a percentage of daily gasoline demand, daily ethanol production was 11.80%.

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